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International

Philippines hopeful of exiting global money laundering 'grey list'
The Philippines is hopeful of being taken off the money laundering 'grey list' of the Financial Action Task Force (FATF) of this year, the country's Anti-Money Laundering Council said on Tuesday. A flag of the Philippines. Illustration photo by Freepik The FATF, an intergovernmental organization combating money laundering and terrorism financing, added the Philippines to the list in June 2021 for several reasons, includi...
South Korea Dec exports up for third month but at slower pace
South Korea's exports rose for a third month in December but at a slower pace as weaker demand for Korean goods in China offset robust global sales for semiconductors, data showed on Monday. Exports by Asia's fourth largest economy gained 5.1% to $57.66 billion in December, slowing from a rise of 7.7% in November and also below 6.6% gain seen in Reuters poll of economists. Export data out of Asia's fourth largest economy is a closely watched...
Malaysian couple denied boarding to Turkey due to rain-soaked passport
A Malaysian couple’s honeymoon plans to Turkey were halted when they were denied boarding at Kuala Lumpur International Airport because of a water-damaged passport. A couple standing at an airport. Illustration photo by Freepik Muhammad Fikry Azman, who is employed as a cleaner in Singapore, recently shared his experience in a TikTok video as a warning to others about the necessity of maintaining travel documents in exce...
US sinks 3 ships, kills 10 after Houthi Red Sea attack
U.S. helicopters repelled an attack by Iran-backed Houthi militants on a Maersk container vessel in the Red Sea, sinking three ships and killing 10 militants, according to accounts by American, Maersk, and Houthi officials on Sunday. The naval battle occurred around 0330 GMT on Sunday as the attackers sought to board the Singapore-flagged Maersk Hangzhou, Maersk and U.S. Central Command (CENTCOM) said. Helicopters from the USS Eisenhower and U...
China factory activity decline deepens in December
China's factory activity decline deepened in December, official data showed Sunday, as Beijing rounded off a year marked by its stuttering economic recovery from the pandemic. The official manufacturing purchasing managers' index (PMI) -- a key measure of factory output -- stood at 49.0 in December, below the 50-point mark separating expansion from contraction, according to the National Bureau of Statistics (NBS). The reading signaled a furth...
World prepares to ring in 2024
Jubilant crowds will bid farewell to the hottest year on record Sunday, closing a turbulent 12 months marked by clever chatbots, climate crises and wrenching wars in Gaza and Ukraine. The world's population -- now over eight billion -- will see out the old and usher in the new, with many hoping to shake the weight of high living costs and global tumult. In Sydney, the self-proclaimed "New Year's capital of the world", more than a million part...
Chinese restaurateur in HCMC runs sex ring for foreigners
A Chinese restaurateur in HCMC has been accused of hiring 200 women to act as prostitutes for foreigners at his restaurant. Zhang Lei, 38, along with seven others, was arrested by HCMC police on Saturday to be investigated for procuring prostitutes. Police seized around VND22 billion ($906,470) at his residence, which he said was the revenue of his restaurant, located in District 5, over several months. A local tipoff revealed that his Fortu...
China expels nine army officials from parliament: media
Chinese soldiers in a parade in 2019. Photo by Reuters China has expelled nine military officials from its parliament, including four generals of the army's strategic missile unit, in a sweeping reshuffle following the appointment of a new defense minister. The decision, announced late on Friday by the state news agency Xinhua, came after a meeting of the Central Committee of the ruling Communist Party. No explanation was given for the o...
Look of the week: The hidden meaning behind this royal scarf
Are you part of a matching pyjama family? The twee tradition of Christmas morning coordination has recently become a kind of visual shorthand, allowing the internet to infer all kinds of notions about the inner workings of a stranger’s clan. “If you come from a matching pjs family I can’t relate to you at all,” read one post on X. “I wish my family were a matching pjs type of family,” chimed another. True or not, the groupthink of unison dressin...
Singapore readies sales tax hike as demographic crunch looms
Singapore households are bracing for a sales tax hike that takes effect in the new year as the government shores up coffers ahead of an expected surge in social spending in the rapidly ageing city-state in the years ahead. The goods and services tax, which is levied on everything from groceries to diamond rings, will be increased by one percentage point to 9% on Monday, the second phase of a two-stage rate hike. This year the sales tax was rai...
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